696 Surrey Hill WayRochesterNY14623
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Rochester at 696 Surrey Hill Way, Rochester, NY, 14623 priced at $179,900 converts $1,426/mo rent into $224/mo cash flow after a $881/mo obligation. Total monthly income equals $1,426/mo, and annual cash flow totals $2,690/yr on $59,637 invested. Return on cash invested prints 24.42% in year one, and rental yield reads 9.51% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 127.75% and total cumulative return in cash sums $76,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,426/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in 1975
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14623, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,585 (100%) |
| Owner Occupied HU | 4,888 (46.2%) |
| Renter Occupied HU | 4,860 (45.9%) |
| Vacant Housing Units | 837 ( 7.9%) |
| Median Home Value | $194,083 |
| Average Home Value | $232,219 |
Housing Distribution
Address Breakdown
Residential
9,772
Single Family
6,246
Multi-Family
3,526
Businesses
1,651
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